Fall land auction results, featuring recent Midwest land sales in our states of North Dakota, Minnesota and Iowa, help shed insights into the 2025 land market. Although cautious optimism is the outlook for next year, there’s still plenty of bright spots of resiliency in recent Midwest land auction results. Farm Progress – https://bit.ly/3BBnh78
This December 5, 2024 article from Successful Farming, produced in partnership with American Farmland Owner, details six notable farmland transactions from August and September 2024 in our Midwest reporting states of Iowa and Illinois. Find their details here – https://bit.ly/4gvA9dS
Doug Hensley, President of Hertz Real Estate Services, recent blog post reflects on this past year’s activities that impacted land values and sales, farm related businesses, and harvest. Concluding that “it’s just a different market than a year ago,” he shares the outlook for 2025 comes with “clear-eyed profitability concerns.” Find details to land sales from the states ten regions, as 2024 comes to a close. December 2024 Wallace’s Farmer MarketPlace Extra – https://www.hertz.ag/blog/detail/december-2024-wallaces-farmer-marketplace-extra
According to this Farm Progress report on December 4, 2024, “Land is still selling strong post-election, and slightly lower prices experienced earlier in the fall are leveling off.” Find details to two featured land sales, one from our Midwest state of Nebraska, brought to you by BigIron Realty – https://bit.ly/4f3VpGF
Successful Farming’s December 2, 2024 article provides answers to this question. Dive in to find details on our aging farmers and farmland loss statistics from American Farmland Trust. Hear from industry expert, Steve Bruere, President of Peoples Co., as he looks beyond the headlines and helps answer who’s buying our farmland. Discover and learn more here: https://bit.ly/4iemZDL
Progressive Farmer’s Landwatch December 2024 Recent Farmland Sales Report showcases our Midwest reporting states of Indiana, Iowa, Wisconsin and South Dakota and more. Find sales details and the seller contact link for more information. https://bit.ly/3VmiXj4
Find farmdoc daily “Outlook for Farmland Values in 2025” for our Midwest reporting state of Illinois. You can read their full report here: https://bit.ly/4g5FDfo
“A 176-acre century farm located in Waterloo, Illinois, sold at an auction on Oct. 29 for about $3.18 million, averaging $18,075 an acre.” Approximately 30 people from the area were registered for the auction. Learn more about this impressive multi-buyer sale and the six tracts of land in our Midwest reporting state of Illinois. Successful Farming – https://bit.ly/49qK42l
Successful Farming’s latest article is packed full with the latest U.S. averages for farm real estate values. Learn about what Peoples Company calls “a rational market” and future anticipated market drivers. Features the USDAs Land Values 2024 Summary with comparisons from 2023 to 2024. Find the 2024 Purdue Farmland Value and Cash Rent Survey, the Federal Reserve Bank of Chicago’s Seventh District Report, and more. Find all the details here – https://bit.ly/3CyQm3o
A growing trend has emerged among investors and those outside the agriculture realm in rural land sales from 2023 to 2024. According to Paul Burgener, VP of US Farm Management for Manulife, investor-owned property is gaining participation nationally and globally. “Investors like to invest in agriculture because it’s a hard asset that’s fairly stable.” Also influencing this trend is the eagerness around eco-friendly investments. Learn more in this latest report from AgUpdate – https://bit.ly/4ftszAy